MUFG Bank said on Wednesday (Nov 1) it would raise interest rates on 10-year yen deposits for the first time since 2011, showing that Japan’s top lender is reckoning with an inflection point as the economy approaches policy normalisation.
MUFG Bank said on Wednesday (Nov 1) it would raise interest rates on 10-year yen deposits for the first time since 2011, showing that Japan’s top lender is reckoning with an inflection point as the economy approaches policy normalisation.